Located along Puget Sound about 10 miles south of Tacoma and 20 miles north of Olympia, Lakewood is a newer city with a long history. Incorporated in 1996, Lakewood is home to Old Fort Steilacoom, established in 1849. Today, four original restored buildings, a cemetery and the parade ground remain of what was the first official U.S. presence in Washington Territory. In the 1930s, Lakewood was known as ?The Lake District.? More than a dozen freshwater lakes, small farm estates and forested areas are combined with views of the Cascade Mountains to the east and the Olympic Mountains to the west, making Lakewood a beautiful place to live. Real estate options consist of lakefront homes, single-family homes, some condominiums and townhouses, and land lots for custom building.
The Lakewood Parks and Recreation Department offers sports leagues, classes, and activities for all ages. American Lake North Park and Marina and Harry Todd Community Park provide boat launches, beaches, swimming areas, and picnic grounds. Kiwanis Park offers fun for skateboarders and in-line skaters at a 12,000-square-foot concrete skate park. Children in Lakewood attend schools in the Clover Park School District where each school focuses on student achievement and provides a variety of special and accelerated programs. Residents of Lakewood meet with friends, conduct business and shop at the local Towne Center. This area has two beautiful and challenging public golf courses and two private courses. Annual Lakewood events include summer concerts, Halloween Fair, Parks Appreciation Day, Chili Cook Off, Summerfest, Independence Day Celebration and various parades.
Real estate in Lakewood, Washington, consists of affordable homes, plenty of lakefront and waterfront homes, and a selection of condominiums and townhouses for sale. Homebuyers can choose to live in gated or planned communities, near golf courses, or within any of Lakewood?s subdivisions and suburban neighborhoods. Waterfront properties are also available in this part of Pierce County. Offering the best of city living in a quiet community, Lakewood is a great place for families, professionals, military personnel, and retirees. Prices for Lakewood homes can be found anywhere from the low $100,000s to $5 million. Tacoma Country and Golf Club on American Lake features homes starting at $1 million; the club also includes new construction condos starting in the $900,000 range. Homes at Madera can be found starting in the $1 million range. Condominiums and townhomes in Lakewood range in price from below $100,000 to over $200,000s. Real estate units at Oakbrook Country Club are priced under $100,000 and The Bluffs units start in the low $100,000s. Mt. Vernon Village townhouses are priced from the high $100,000s and Country Place condominiums start in the low $200,000s. Savvy real estate investors will be pleased to know that lots and land are also available for custom home building your dream home or investment property.
Lakewood Real Estate Stats and Trends for the week of November 14th, 2019: homes priced around $301,988 compared to $304,278 the previous week, for a slight decrease of less than -1%. For Thursday, November 14th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.